Posted by R. MAK. on September 14, 2009 ·
Against other major currencies, US currency has shown some firmness as the investors are prompted by a fall in stock prices to flock to their perceived safety.On Friday the dollar that weakened during early New York trading recovered the losses during…
Posted by R. MAK. on September 8, 2009 ·
On Tuesday, gold prices rose above $1,000 per ounce and that is the highest level since March 2008 and it is suggesting that investors are uncertain about the U.S. dollar’s weakness and they anticipate international interest rates to…
Posted by R. MAK. on July 31, 2009 ·
For the majority of FX trades there is no unified or centrally cleared market , and there is very little cross-border regulation. As the currency market is having the over-the-counter (OTC) nature, there are rather a number of interconnected marketplaces, where the trading of different currencies instruments take place. This shows that rather than having…
